5516 Laceback TER, Austin TX 78738

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $4,673,413. To generate strong buyer interest while maximizing value, I'd price this between $4,059,000 and $4,069,000. In the current SPANISH OAKS market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. The 1,836 sqft size difference versus comparable sales is reflected in the adjusted values. The 2019 construction puts this home 6 years newer than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in SPANISH OAKS, ranging from $4,385,000 to $5,675,000. The trend in SPANISH OAKS shows prices have fallen 6.3% in the past 6 months. 12625 Maidenhair LN # 27, Bee Cave TX 78738 nearby adjusts to $4,434,780; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group